THE DRIFFIELD NAVIGATION TRUST
Company number 01468822 · Monitor this company
Executive summary
The Driffield Navigation Trust is a long-established, debt-free company limited by guarantee with a highly liquid balance sheet (£258,612 cash against £733 of creditors) and net assets of £321,573, giving it a low solvency and liquidity risk profile. The principal concerns are the absence of any filed income statement, a modest 2025 deficit eroding reserves, an unexplained ~£206k cash inflow in 2024, and reliance on a volunteer/director base with no employees and recent board turnover. Overall financial stability appears sound, but limited disclosure prevents full assessment of operational sustainability.
Shareholders' funds
£321,573
Balance sheet as at 2025-12-31
Overview
- Company type
- PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
- Incorporated
- 1979-12-27
- Employees
- 0 (2025 accounts)
- Registered office
- 57 Main Street Cranswick, Driffield, East Yorkshire, England, YO25 9QN
- Postcode
- YO25 9QN
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-01
- Next due by
- 2027-08-15
Nature of business (SIC)
- 50300 Inland passenger water transport
- 52220 Service activities incidental to water transportation
Officers 16 current · 60 resigned
Registered charity
THE DRIFFIELD NAVIGATION TRUST — charity number 503430
Source: Charity Commission for England and Wales, Open Government Licence v3.0.
Previous company names
| Name | Date changed |
|---|---|
| DRIFFIELD NAVIGATION LIMITED(THE) | 1997-10-02 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 2-4 BRIDGE STREET, DRIFFIELD, EAST YORKSHIRE, YO25 6DA | 2017-09-27 |
| 2-4 BRIDGE STREET, DRIFFIELD, EAST YORKSHIRE, YO25 7DA | 1997-11-12 |
Among its peers
Top 25%
by shareholders' funds, of 15 similar companies in YO — measured against the wider sector
2nd oldest of its local peers, trading since 1979.
The class of 1979
49%
of the 8,388 companies incorporated in 1979 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.